Contract delays will hit collaborative software provider Imaginatik’s full year revenues.
They will be well below previous expectations in the year to March 2010 but marginally higher than the £4.58m reported in 2008-09. Interim revenues rose 26% to £2.27m so there is likely to be a sharp fall in second half revenues.
The effect on the reported 2009-10 loss is still uncertain.
The shares slumped 1.5p to 4.5p each, which values Imaginatik at £7.17m.
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